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Is MSBI positioned for a breakout? 1,2,3 Pullback Bullish shows up after dropping 2.08%

Midland States Bancorp, Inc. (MSBI) — Nightly Technical Analysis · Jul 8, 2026, 17:36 ET
On Wednesday, July 8th, MSBI moved down 2.08% while volume was to 0.9× the usual levels. Mixed technical signals appeared with 1,2,3 Pullback Bullish and Non-ADX 1,2,3,4 Bullish suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 29.34, 29.04 & 28.57, with resistance at 30.11, 30.58 & 30.88.

Current SwingTradeBot Technical Rating of MSBI: A

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Midland States Bancorp, Inc. (MSBI)